Click above to enlarge
Here is a mini Monday Trade that I did.
Price moved up strongly back towards the Weekly Pivot point but there was a strong area of resistance that made me nervous. In addition, price has had a downward tendency lately so I set my price target just below the last area of resistance.
This was meant to be a quick trade based on current price action. I only traded 2 units. Price hit the target and bounced back down.
I made +0.5% on the account. In hindsight, there isn’t anything that I would have done differently on this trade.
If you enjoyed this article, you might also like:
Category: 
Tags: 
